Nest Seekers

Exceptional investment opportunity in one of Toronto's most desirable west end neighbourhoods.

238 Garden Avenue
Toronto W01 M6R 1J1
Canada

Listing

Web ID:5822872
Website:https://www.nestseekers.com/5822872

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C2,125,000
($1,521,500)
(€1,362,700)
Annual Taxes:C8,601.56

Description

Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, offering a turnkey, income-producing asset with strong rental demand and low maintenance requirements. The property features an ideal unit mix of two one-bedroom apartments on the lower and main levels, along with a spacious three-bedroom upper-level suite, totalling approximately 2212 sq. ft. of rentable area. Each suite is thoughtfully designed with contemporary finishes, a sleek kitchen with stainless steel appliances, in-suite laundry, bright open-concept living spaces, and walkout access to a private deck or patio. An exceptional opportunity to acquire a fully leased investment property with reliable income and outstanding long-term appreciation potential in one ofToronto's most sought-after rental markets. Leveraged CAP rate of 8.66% with 30% down. Gross Income: $116,400, Expenses $17,750, Net Income $98,650 in year 1. Offering memorandum available.

Amenities

  • Greenbelt/Conservation
  • Major Highway

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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